Petrochemical Headlines
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Texas Researchers: Yeast May Have Implications for Biofuels, Biochemicals
(Wednesday, March 25, 2015) Beyond biofuels, the new yeast strain could be used in biochemical production to produce oleochemicals, according to The University of Texas at Austin.

Saudi Sahara Petchem Affiliates Shut for Maintenance in April
(Wednesday, March 25, 2015) Two affiliates of Sahara Petrochemicals plan to shut down petrochemical plants for scheduled maintenance in April, Sahara said on Wednesday.

LyondellBasell to Add TEG Capacity in Pasadena
(Tuesday, March 24, 2015) LyondellBasell announced Tuesday plans to expand Tri-ethylene Glycol (TEG) production capacity at the company's existing ethylene oxide and ethylene glycol plant in Pasadena, Texas.

Orpic Awards Tech Services Contract to Amec Foster Wheeler
(Monday, March 23, 2015) Amec Foster Wheeler announced Monday the award of a technical services agreement contract by Orpic for the Mina Al Fahal Refinery and Sohar Refinery, Aromatics and Polypropylene plants, Oman.

Saudi's Advanced Petrochemical Resumes Production After Maintenance
(Monday, March 23, 2015) Saudi Arabia's Advanced Petrochemical said on Monday it had restarted production at its propylene and polypropylene plants after scheduled maintenance.

Feds, Continental Carbon Reach Settlement
(Monday, March 23, 2015) The settlement will resolve claims that Houston-based Continental violated the Clean Air Act by modifying their facilities in a way that caused the release of excess sulfur dioxide (SO2) and nitrogen oxide (NOx).

BASF Selects Freeport as Potential Site for MTP Complex
(Friday, March 20, 2015) BASF has made progress in its plans to build a world-scale methane-to-propylene complex on the U.S. Gulf Coast.

Azerbaijan OGPC Contract Goes to Fluor
(Friday, March 20, 2015) The State Oil Company of Azerbaijan Republic (SOCAR), as a result of the bidding process, awarded Fluor Limited a contract to provide project management contractor services for its new oil-gas processing and petrochemical complex (OGPC).

Azerbaijan's SOCAR to Ask c.bank for $952 Mln for Petrochemical Plant
(Thursday, March 19, 2015) Azeri state energy company SOCAR will ask the central bank for a 1 billion manats ($952 million) loan to kick start building its $16.5 billion oil, gas and petrochemicals processing plant, SOCAR President Rovnag Abdullayev said on Thursday.

Dow Aligns with Water Infrastructure Advocacy Group
(Thursday, March 19, 2015) "Water infrastructure is starting to gain more attention, being noted as one of the most important development challenges of the 21st century," remarks Snehal Desai, global business director of Dow Water & Process Solutions.

Hengli Starts Up Third PTA Line
(Thursday, March 19, 2015) INVISTA Performance Technologies (IPT) and Hengli Petrochemical Thursday announced the successful start-up of Hengli’s third PTA line utilizing INVISTA’s PTA process technology.

Saudi's PetroRabigh Signs $5.2 Bln Loan for Expansion
(Tuesday, March 17, 2015) Saudi Arabia's PetroRabigh , a joint venture between Saudi Aramco and Sumitomo Chemical, has signed loans worth 19.4 billion riyals ($5.2 billion) for the expansion of its petrochemicals complex, it said on Tuesday.

U.S. Farmers Seen Cutting Back on Pricey Fertilizers, May Hit Corn
(Tuesday, March 17, 2015) U.S. farmers will likely use less nitrogen fertilizer this season with the cost sky-high even though the price of natural gas, the key ingredient to make it, is down 40 percent from last year.

A. Schulman to Buy Specialty Plastics Maker for $800 Mln
(Monday, March 16, 2015) Specialty chemical maker A. Schulman Inc said it would buy privately held Citadel Plastics Holdings Inc for $800 million to expand its specialty business that makes moldable plastics.

Albemarle, ASOS Team Up for Abu Dhabi FCC Facility
(Friday, March 13, 2015) Albemarle Corp. has entered into discussions with its Middle Eastern partner Ali & Sons Oilfield Supplies & Services Co. (ASOS) to construct a manufacturing facility for FCC catalysts and additives in Abu Dhabi, United Arab Emirates.

Taiwan's Formosa Seeks Reformate, Naphtha for H2 April
(Wednesday, March 11, 2015) Taiwan's Formosa Petrochemical Corp is seeking 15,000 tonnes of gasoline component reformate for second-half April delivery and an undisclosed amount of naphtha for the same period delivery, traders said on Wednesday.

Merichem Acquires Wet Air Oxidation Tech from Kenox
(Tuesday, March 10, 2015) Merichem Co. announced Monday that it has acquired Kenox Technology Corporation’s Wet Air Oxidation (WAO) process technology for an undisclosed sum.

Britain's IGas Strikes Shale Gas Deal with Ineos
(Tuesday, March 10, 2015) Ineos, a Swiss petrochemical and refining company, said last year it planned to invest $1 billion in British shale gas exploration. It currently has acreage in Scotland.

S. Africa's Sasol May Expand U.S. Cracker, Sell Power to Eskom
(Monday, March 09, 2015) Sasol could expand its $8.9 billion cracker project in the U.S. state of Louisiana depending on market conditions, its chief executive said.

Vopak Expanding Chemical Product Storage in Saudi Arabia
(Thursday, March 05, 2015) Vopak , the world's largest independent storage tank operator, is expanding its chemical product storage capacity in Saudi Arabia, a senior executive told Reuters on Thursday.




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